The European Parliament's ECON Committee is set to kick off formal negotiations on the digital euro, a move that has prepared MEPs to start the critical legislative phase of the project [1]. This development comes as the committee continues its rigorous oversight of the EU's financial infrastructure, with a public hearing scheduled for July 15 featuring Bruna Szego, Chair of the Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) [1].
Alongside the digital euro push, the committee will address the priorities of the Irish Presidency of the Council of the European Union. Simon Harris, the Irish Tánaiste and Minister of Finance, will appear before ECON to present the presidency's economic and financial affairs agenda [1]. This hearing underscores Ireland's pivotal role in steering the bloc's economic policy for the coming months, particularly as global financial markets remain volatile.
The ECON Committee is also scrutinizing the Market Integration and Supervision Package (MISP), with rapporteurs presenting draft reports on the package earlier in July [1]. This legislation aims to strengthen the EU's financial market integration and enhance supervision mechanisms, reflecting the bloc's broader effort to create a more resilient and interconnected financial system [1].
Further reinforcing its oversight role, the committee held a public hearing with Claudia Buch, Chair of the Supervisory Board of the ECB, on July 2, marking the first ordinary hearing under the Single Supervisory Mechanism Regulation in 2026 [1]. Additionally, Dominique Laboureix, Chair of the Single Resolution Board, will present the Board's annual report for 2025, providing a comprehensive review of the EU's crisis management framework [1]. These actions collectively signal a proactive approach to maintaining financial stability and regulatory coherence across the European Union.
